Comments on: Condominium In Kota Kinabalu

By: CKWong

CKWong — Wed, 16 Jun 2010 08:46:36 +0000

HI,
FLR is moving slower compare to BLR now but it will move whenever BLR move. Its all depend our BNM. In 1998 crisis, FD is at 15% so its all depend how is overall global economy trend. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Grace

Grace — Wed, 16 Jun 2010 03:00:36 +0000

Hi CK,

Would like your comment on the bank loan, whether its better to take BLR or FLR for long term investment? My husband recently bought a unit of condo for rental income and appreciation value, I do hope we could cover the loan in the long run. We have an offer from Public Bank but am considering EON bank for long term investment as FLR rate is quite stable. We haven’t sign the offer yet as the owner just signed SPA.

Thanks.

By: CKWong

CKWong — Mon, 07 Jun 2010 21:35:41 +0000

HI,
What news you expected?Some of the The Peak Vista unit is unsold due to the location and the prices is matching The Peak Vista Block A as the developer are not in the hurry to let go since they have enough funding to construct their project. The Peak SOHO eventually will be sold well during the lauching also due to location, small scall project and affordability. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: joe

joe — Mon, 07 Jun 2010 16:55:55 +0000

Any news about the peak vista?
Still under construction, several units remain unsold.
Any comments about this project and also the Peak SOHO?

By: CKWong

CKWong — Sat, 05 Jun 2010 21:13:37 +0000

Hi,
Developement project for Wahmie Group. The condo consist of 554 units selling from RM240K last 2 years. All units are fully sold and subsales is selling not less than RM315K depending on floor and unit size. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: CKWong

CKWong — Sat, 05 Jun 2010 21:10:36 +0000

HI,
Ya I agree with you. Times is our biggest enermy when we grow older. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: SK

SK — Sat, 05 Jun 2010 15:00:18 +0000

Health vs wealth, it depends on which side you are in. If you own the shoplot that the telco company want to install their communication equipment, you could collect up to RM5000 rental per month just by renting out your rooftop. As the landlord, you would definitely agree because this is the perfect tenant! But for your other tenants renting the other floors downstairs, they have to live with the dangers of the communication equipment affecting their health. These tenants naturally would prefer to move out if they have the choice – but when you cannot afford your own home / place to stay or an office, you have to rent from somebody. Again the morale is buy properties in good strategic location and wait. It is easier said than done but if we do not start somewhere now, very soon prices of properties will be more & more beyond our financial capability and time due to our age factor (cannot leverage on 20-30 year loan). If you do not own any property, you would not have much options or choices, including putting your health at risk. For the property owner, the $$$ just keep rolling in…

By: Violet

Violet — Sat, 05 Jun 2010 10:15:07 +0000

Hi,

Anyone know about the apartment behind damai lintas supermarket? Still under construction.

Please comment.

Violet

By: CKWong

CKWong — Thu, 03 Jun 2010 20:46:05 +0000

HI,
Sorry I’m not familiar with the developer and the previous selling price, but last few years most of the unit are transacted between RM240k-RM280K depending on condition, renovation and furniture. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Johnny

Johnny — Thu, 03 Jun 2010 13:36:38 +0000

Well renovated/maintained with 1536 sqft for RM328k, I’m sure you had made the right decision. Happy Investing